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Reply to "investing in rental properties -- any tips or books to recommend?"
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[quote=Anonymous]Look at 2-br condos by the metro lines. Factor in your closing costs, condo fees, taxes, mortgage, and repairs, then see what kind of a tax break it will get you, if any (you are allowed to write off depreciation on the condo, and are able to subtract the resultant rental losses from your income for tax purposes). Look on Craigslist for the going rates for comparable places. See where that leaves you. [/quote]
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